Describes policy which moves the economy

Assignment Help Business Economics

Reference no: EM131092067

Which of the following best describes a policy which moves the economy to the left and up along a given short-run Phillips Curve?

A. A contractionary fiscal policy has been employed in an attempt to reduce inflationary pressures.

B. An expansionary fiscal policy has been employed in an attempt to stimulate the economy and decrease unemployment.

C. A contractionary fiscal policy has been employed in an attempt to stimulate the economy and decrease unemployment.

D. An expansionary fiscal policy has been employed in an attempt to reduce inflationary pressures.

Reference no: EM131092067

Questions Cloud

A theory of motivation presented in our e-text : •Be sure you have the facts of the case correct and that you explain and apply the theory correctly. Selecting appropriate theories is only good when you can show that you understand the theory and apply it accurately

Examine the data in table 4 showing the amount of dissolve : Make an observation - Based on the data in Table 4, describe the relationship between dissolved oxygen content and fish populations in the body of water. Discuss the pattern observed in the data set.Answer =

Difference between dominant strategy and nash equilibrium : What is the fundamental difference between a dominant strategy (equilibrium) & a Nash equilibrium? Both antitrust policy & economic regulation deal with monopoly. What distinguishes the two approaches? How does government decide to use one form of r..

Linear demand function and the current mean values : You are given the following linear demand function and the current mean values: Qd = 1000 – 2Px + 3Py + 4A; where Px = 100, Py=100 and A=100. what do you expect to the Y-axis intercept (P) and the X-axis intercept (Q) on your graph?

Describes policy which moves the economy : Which of the following best describes a policy which moves the economy to the left and up along a given short-run Phillips Curve?

Classical economists believe that the best monetary policy : Classical economists believe that the best monetary policy is:

International trade regarding our trade deficit : Provide a general overview of U. S. international trade regarding our trade deficit, trade surplus, primary export goods, status with Canada and China, and the U. S. status in the world.

Define the federal reserve system : Define the Federal Reserve System, how is it composed, what is its framework? What are the primary functions of the Federal Reserve?

Define and explain fiscal policy : Define and explain fiscal policy, explain the difference and workings of expansionary versus contractionary fiscal policy, budget deficit versus budget surplus. Describe excessive increases and decreases in aggregate demand; what do they cause, how d..

User Account

All Pages